secwatch.observer — SEC 8-K summary
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Issuer:     FIRST CITIZENS BANCSHARES INC /DE/ (FCNCA)
CIK:        0000798941
Form:       8-K
Filed at:   2026-01-23T23:59:59+00:00
Accession:  0000798941-26-000010
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FCNCA Q4 adjusted EPS $51.27 vs $45.10 yoy; $900M share repurchases, $2.5B note prepaid
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- Net income available to common $566M GAAP ($45.81 diluted EPS); adjusted net income $634M ($51.27 diluted EPS).
- Returned $900M via share repurchases and prepaid $2.5B Purchase Money Note in Q4.
- Total loans grew $3.2B QoQ to $147.9B, led by Global Fund Banking capital call lines ($31.8B).
- Credit quality stable: nonaccrual loans 0.88% of total loans, net charge-off ratio 0.39% for Q4.
- Announced BMO branch acquisition (138 branches, ~$5.7B deposits, $1.1B loans) expected to close 2H 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/798941/000079894126000010/0000798941-26-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/798941/000079894126000010/fcnca-20260123.htm
  HTML page:      https://secwatch.observer/filing/0000798941-26-000010

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